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and around the world. i'm fareed zakaria. a great show for you today. first up, the question for the economy. should we save or should we spend? what will get the economy moving faster? i'll talk to the chief proponent of spending. nobel prize winning economist paul krugman. then, the race for space. is america losing? china is building its own space station and the u.s. has to rely on russia to send our astronauts up to the stars. what is going on? >>> and the exploding middle class. in more than seven years it will triple in size to almost 2 billion people. it will change the world. we'll talk about how. >>> but, first, here's my take. those of you who follow the show reg lerly know i have long argued that cutting government spending in the midst of a weak recovery is not a path towards growth. but i have also argued that america does have a debt and deficit problem and we need to take it very seriously. the fact is, the vast majority of our debt problems relate to the costs of health care in america. now that the debate over obama care is over, we should start thinking about how to get am
cyprus get to this point? >> it is a small country. its economy is based on three things. tourism, a very pleasant place for people to go. shipping, as befits an island. above all, what is euphemistically called finance. in the 1990's and early in this century, what the banks in cyprus did was offer themselves around the world as a wonderful place to come and make a deposit. we will convert whatever currency you have into euros, which is a very good currency to have. we will pay you an unusually high interest rate and ask no questions. this is often called good banking. they got a lot of deposits. depending on the estimates you believe, the total deposits in the bank of cyprus or five to eight times larger than the total gdp of that economy, which is an absurd situation. and those banks in cyprus took all of those deposits and they did what banks are supposed to do, find prudent, safe, non- risky investments. like all the banks and the last 20 years, they failed. they found that investments. they did not to prudently. the banks fell apart. the whole cyprus economy, already impacted by thi
coming up. in the next hour we're going to be talking the economy and the dow with jennifer ericsson from the center for american progress, and then we'll talk about cpac and james homan was at cpac and he'll be here in studio with us. the president is kind of kicking back this morning. he has private meetings in the morning, getting the daily briefing and then at 4:40 this afternoon we'll be delivering marks at a women's history gathering. another hour of the "full court press" coming up. [♪ theme music ♪] >> bill: good morning, everybody. itit i is s mondayayararchch 1 18th. welcome to the "full court press" here on current tv. we're bringing you up to date on all of the latest developments here in our nation's capitol, around the country and the globe, whatever is happening we'll tell you about it. and you get to tell us what it means to you by giving us a call at 866-55-press, joining us on twitter @bpshow, and there is a civil war among republicans. sarah palin said karl rove if he's so smart he ought to go back to texas and run for office, and karl ro
and the austerity he is putting in place has caused the economy to be really slow. >> a lot of tax increases over there in europe. we look at this austerity bit. i want to talk about this for a second. >> i want to get back to the budget then. >> talk about what is happening in washington. you know, economics discussed on tv or on the internet or on twitter, it's so depressing, because people really don't know what they are talking about and they just sort of boil it down and there is this belief through the years, that tax cuts are not a tool used. of course, tax cuts are a tool used and tax increases something that traditional are against in bad times. we hear about austerity across great britain and we never hear about the tax increases. when you talk about the fact they cut and slash spending at the same time they hike taxes, it really was a formula made to fail. >> spending cuts and tax increases both take money out of the economy and slow the economy and, yes, they create this idea of austerity. but, look. it's a balancing problem. on the one hand you need to deal with it budgets and defici
to the forefront and that's more important. the u.s. economy, china and although there is a big idea they're stealing customer's money and savings accounts is abomination, i believe it's a different european country. entered the european union in 2008, i don't think it will be as big of a deal as people think, i think it will be on the headlines for two weeks. stuart: all right, let's see what's happening on the opening bell, upside. and i'm looking for a gain of 20, 30 points for the time they're open, 10 points higher, 14,462. nicole, let's bring you in. one of your favorite stocks, we're watching it closely. yoga pants, they say they're too sheer. in other words, you can see through them. i think that the stock is way down. nicole: it is way down. it's going to hurt their bottom line. and they're talking about bringing in the pants that are sheer. that basically is like a fall for the company, you can't have pants that are sheer. i have to admit my lululemon, i noticed recently is sheer and it's no joke and you're able to bring them back in, but it's going to hurt their revenue and bot
. that has an inflationary effect on the economy. so you may be talking away the money you just gave that employee through the increase. raise prices throughout the economy. >> i have to say, you've now switched your argument from what it was going to do to your business to what it's going to do to the economy. >> very sharp, senator warren. whether a minimum wage increase and why. we've heard all this madness on the other side, especially small business people. we won't be able to pay insurance and the like. is that a real reasonable and persuasive argument? >> no and in fact, we have a real world experiment that tells us about this. in new jersey a few years ago, they raised the minimum wage. they did it in pennsylvania. there was an examination of fast food and it turned out that in new jersey, hiring went up and in pennsylvania, hiring went down. but let me turn this upside down. why aren't we talking about the fact that the total stock market is worth less today than in 2000 and yet, the ceos are getting more and more money. if we just turned this argument on its head, we can se
live" starts right now. >> megyn: fox news alert how one country's economy is saved from the brink of collapse in an unprecedented move that experts say comes at a major cost for anyone who uses a bank. think your money is safe? welcome to "america live" everyone, i'm megyn kelly. a tiny little island nation of cyprus has decided today that it will fix its financial crisis by taking people's money. and that's the ultimate solution. they will seize 30-- no, make that 40% being of every bank account in which the person has over 100,000 euros, about 120 or 30,000. and that's your thanks for having money in the cypriot banks and now there are questions about the global cost of the rescue and people find new limits to the trust we put in banks. greg palkot live in cyprus outside the parliament there. greg? >> reporter: yeah, that's right, that's right, megyn. the folks here in cyprus are breathing a sigh of relief, their country is not going bankrupt, but the price paid could be high for the people here and around the world. and with the european union to cough up its share of the money
. that's good for 125th in the world. per sapt a gdp, $26,900. 71% of the economy service based. tourism big there. 20% is industry. 8.5% agriculture, mostly olives and citrus. in a nut shell, finance ministers are going to hold a conference call this evening to discuss a proposed bailout for the cypriot banks. the plan started this weekend included taking money from regular bank deposit, large and small, 6.75% to almost 10% if you've got more than 100,000 euros in an account over there. why are those banks in cyprus in trouble? they were heavily exposed to greek debt and we all know what happened there with the greek debt, both public and private. then the cypriot banks were national as ied to prevent an need colorado lapse. european regs, that's where the rest of europe comes in. instead of sending a bailout like it did in spain and greece, germany wants to raise money from actual people with deposits in those banks. here's how goldman sachs' paul o'neill summed it up on "squawk" this morning. >> i got off a plane from singapore saturday morning and i thought my jet lag was up but i wa
in a trillion dollars. you would still be left with a deficit and you would wreck the economy. martha: interesting lesson. stuart, thanks very much. we'll be watching it throughout the day as i know you will. let's look at bigger picture of europe's debt crisis. five countries needed bailouts from the european central bank and imf. greece, spain, ireland, portugal as stuart mentioned. germany the fifth biggest. great britain at number eight. france with the 9th largest. italy at number ten. they all shrunk in the last quarter of last year. europe is basically contracting. the eurozone is losing huge numbers of jobs. a record 19 million people are unemployed. it is a tough picture and one we need to watch closely here at home. bill: sure do. no telling when that thing will get straightened out. >>> more rough water for carnival cruise lines. another disabled ship of vacationers, limping back to port. legend arriving yesterday. a leading senator calling for a passenger bill of rights. what would be in that bill? peter doocy live in washington. what would this bill of rights do, peter? >
over republicans handling the economy to just a four-point advantage. congress is down there with saddam hussein and gaddafi and popularity, except that the other guys, being dead, don't really care. congress does. the president has to do the charm offensive because he got cocky. he won the election and he crushed republicans on the fiscal cliff, and he tried to do it on sequester. sequester, the way he pushed it, was a mistake. he overshot with talk of the apocalypse, which exposed and to ridicule. but then he acted so cynically with the biggest example being the shutting down of the white house tours, and people can understand that the administration was deliberately trying to find stuff that would be painful and visible rather than being economical with cuts. that is white and he had to retreat -- why he had to retreat. purposes.s serves two it makes the eu and look efficient by contrast, and makes the president's job rating look good by comparison. a continuing resolution, a washington speech, -- to fund, government's there will be an agreement on that pit the crunc
. let's listen. >> due to the influx and further strained the economy that is already under considerable external pressures with an unstable region, the ghoebl economy recovering. but having said that as i already alluded to, we are so grateful to the u.s. assistance in solving this enormous responsibility and together continue to appeal to international community for more help to face this calamity. i had the opportunity, obviously, to talk about the peace process and we're very delighted by the vision and depth of wisdom the president showed over the past several days with israelis and palestinians. and obviously reiterate jordan's commitment to the peace process and the crucial importance of the u.s. leadership in resuming the palestinian-israeli negotiations based on the two-state solution. there is simply no other formula, no other -- two-state solution is the only way to go and if you compare that also with the radicalization of syria, together with the peace process, this is going to be a serious threat to an already volatile region. i believe there is a window of opportunity to m
for the survival of the cypriot economy. >> reporter: by the evening, however, news firmed up about the plan to split likely banks and its staff marched on parliament in the first really tense protests in this country's crisis. this evening, the queues at the cash machines grew even longer as they ran dry. parliament also is considering capital controls, stock money being taken out of this country. >> holman: late tonight, a new proposal was floated in parliament to create a fund using revenue from natural resources, bonds and other assets. but debate was delayed until friday. the u.n. agreed today to launch an investigation into the possible use of chemical weapons in syria. the syrian government and rebels have accused each other of using them in an attack in aleppo this week. u.n. secretary general ban ki- moon said the investigation will begin as soon as possible, but not overnight. >> the investigation mission is to look into the specific incident brought to my attention by the syrian government. in discharging its mandate of an investigation mission, full cooperation from all parties w
on marital equality. why they refuse to change. >> will this hurt the economy? >> i don't know if it will hurt the economy or not. >> boehner plays dumb at the expense of the middle class. >> workers are losing 1/12th of their pay. >> that's 9,000 meals they won't have access to. >> they had to cut the toilet paper budget. >> there goes the neighborhood. the westboro baptist church gets friendly new neighbors. a live look at the equality house ahead. i was having trouble getting out of bed in the morning because my back hurt so bad. the sleep number bed conforms to you. i wake up in the morning with no back pain. i can adjust it if i need to...if my back's a little more sore. and by the time i get up in the morning, i feel great! if you have back pain, toss and turn at night or wake up tired with no energy, the sleep number bed could be your solution. the sleep number bed's secret is it's air chambers which provide ideal support and put you in control of the firmness. and the bed is perfect for couples because each side adjusts independently to their unique sleep number. here's
point, it can't be at the expense of the economy and jobs. >> here's where both sides may agree. >> is he right that we did not have an immediate crisis. >> we did not have an immediate crisis. >> to borrow from the phrase from the fiscal commission, we're the healthiest looking horse in the blue factory. we see it coming we know it's irrefutably happening. a lot of folks worrying about that blue factory, congressman. the president said that crisis was a concern when he spoke to joe and mika early on. you said had said that was a concern. the president has changed his tone on that. why has he done that? >> well, the debt remains a concern-we've made a significant down payment with the budget control act, with the fiscal cliff deal and now with the sequester which i hope will have a short life. so we've made a significant dent already. but i think the president is facing the priority of growing the economy and jobs, and that's where it should be. half of this year's deficit is attributable to people who are unemployed. if we can get people back to work, paying down the deficit. i
into the economy, until they see things change substantially. and what they're talking about in terms of substantial change is the unemployment rate going down to 6.5%. the federal reserve, they have regular meetings, they give regular statements on what they're going to do. today was one of those regular meetings that was scheduled. we were not expecting a change in rates. obviously with rates as low as they are, the only option will to be raise rates and you don't typically raise rates, wolf, unless you're trying to slow an economy down. if you raise rates, it makes it harder, more expensive for people to borrow money. they spend less. they borrow less. we're not at that point right now. so rates are staying exactly where they were, the federal reserve will continue to print and pump $85 billion into the economy. the way they do that, wolf, is they buy bonds back from banks, treasuries and mortgage-backed securities that gives banks more money to lend to businesses, and individuals for their mortgages or for their business expansion, and that puts more money into the economy. they'r
are actually focused on jobs and economy, erin. they're not focused on the debt. i think you have that captive sort of republican grass root that is focused on the debt and trimming back federal government. and they've captured the sort of republican party. but the vast majority of americans are more focused on the economy and creating jobs and building stable middle class than they are on cutting the deficit. yeah, the deficit is an issue. it's not the number one issue. >> why, boehner do that? we don't have an immediate debt crisis. you would see that in the market, right? so boehner is say ing the truth. it is against what he's been saying which is the debt is a problem. why did he do that? >> he said we need to address it over the long term. that means taking steps now. but here's the thing, he is actually opening the possibility that republicans move to more favorable ground because right now the problem is that republicans are emphasizing have been emphasizing root canal economics, only fiscal austerity rather than a more positive agenda. by conceding the point that we don't have an imme
, in science and research, in education. things that are important to power the economy. our focus has been on jobs first. let's get the economy in full gear. not put the brakes on it. which is what the republicans do. they've gotten austerity budget that according to the nonpartisan congressional budget office, will result in 750,000 fewer jobs bn i end of the year. so we say let's tackle the deficit in a smart way, get people back to work and reduce it over a steady period over a period of time and our comes to balance at the same time that the republicans' budget from last year comes into balance. >> on the issue of revenue, i believe your budget has about $200 billion more in revenue than senator murray's budget in the senate. why did you put that in there considering that republicans are so adverse to any new revenue? >> the budget we have in our democratic proposal. if you take it even together with the revenue from the fiscal cliff agreement, is still less total revenue, luke, than was embedded in the bipartisan simpson-bowles agreement. so we have less revenue proposed by that bipar
the sequester for the moment maybe don't do anything. the economy looks like it's picking up a little steam. and that might be just what we need. you know, in terms of the ryan budget, it took a public drubbing in the election. we, we already forgotten about november? when the republicans ran on the ryan budget. if they want to keep revisiting that, that's their choice. but why are we talking about this? we just find out that medicaid and medicare deliver health care cheaper than anything else? and they want to eviscerate that? it makes utterly no sense at all to me, anyway. >> howard, these seem to be sort of political manifestos, more than fiscal proposals. especially the ryan budget, over 40% of its savings are based on a repeal of obama care. which ain't going to happen any time soon. >> i agree, they are political. they aren't even opening negotiating positions, sometimes people set out markers that are designed to begin negotiations. these are political documents and they're speaking to their own parties. and the democrats have already said, look, you want to run on the ryan budget ag
moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: a decade after the iraq war began, the violence has not abated. today was the bloodiest day this year, as insurgents staged multiple attacks. a high-level minister was assassinated and dozens more died. a warning: our story contains some graphic images. thick, black smoke rose above the sadr city district in baghdad, where a car bomb went off today, in one of several coordinated attacks to rock the iraqi capital. 65 people were killed and more than 100 wounded. in another instance, an explosion ripped through a popular market near baghdad's fortified green zone. >> there is a checkpoint at the main gate, but it is in vain. they do not s
the economy? >> i don't know if it will hurt the economy or not. >> boehner plays dumb at the expense of the middle class. >> workers are losing 1/12th of their pay. >> that's 9,000 meals they won't have access to. >> they had to cut the toilet paper budget. >> there goes the neighborhood. the westboro baptist church gets friendly new neighbors. a live look at the equality house ahead. ♪e power of a well booked vacation!♪ ♪booking.com ♪booking dot yeaaaahhhh! is gonna be an important day for us.be an you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td
provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: president obama called on young israelis to see the world through palestinian eyes and challenged israeli and palestinian leaders to abandon formulas and habits that have blocked peace. but even amid his visit, the old threats and realities of violence were present. margaret warner reports from jerusalem. >> warner: the second day of the president's trip to israel and the west bank was met with rocket fire from one place mr. obama won't go: hamas-controlled gaza two landed in sderot, israel in a clear breach of the ceasefire between the islamist hamas faction and israel struck late last year. there were no injuries. a l
and improve our economy. there is a direct link between investments and infrastructure and improvements in the economy. >> now, governor rendell, i want to -- you're a politician so you are able to deal with some of the rougher news. let's go where we got grades of c plus to c minus. rail, a big one. bridges really big. ports. public parks and rec. i know leslie noth will be sad about the c minus in parks and rec. big things. rail, bridges, and ports are three large scale, important things this country needs if we want to move, you know, and then look at d. dams d, energy d plus. aviation d. this worries me frankly. drinking water d. roads d. this is humbling. tell me what you make of it. i'm interested in your take as a former politician, a recovering politician maybe. every politician says they want to invest in infrastructure. i feel like it's in every state of the union address ever and yet look at the grades greg's organization is giving us for it. >> well, the truth is every politician says it but they don't act upon it. interestingly, stimulus because of the tiger grants gave a l
resilient economy and our world currency status. >> michael: there you have it. but it turns out americans saw right through it. a poll out today from the hill shows while americans might be sympathetic to republican's ideas about lowering taxes they still trust the president to handle the economy. 65% said u.s. budget deficit should be reduced by cutting spending. but 35% said they trust the democrats more. so to regain the public's trust they have done an autopsy of the 2012 campaign. the rorpt has a lot of style but not a lot of serious substance. in it the word messaging appears 77 times technology in there 42 times, and then there is the long list of things that got no mention at also. health care inequality and others. the plan also pointed to some other issues, and no bashing poor people at all. the plan says low-income americans are hardworking people who want to become hard-working middle-income americans of course paul's plan would make it harder than ever to allow poor people to join the middle class. next up, reagan. enough already. the youngin's at all don't
is increasing. it is isolated, its economy is in dire straits, its economy is divided, and its position in the region and world has only grown weaker. i do believe that all of us have ab interest in resolving this issue peacefully. strong and principled diplomacy -- [ applause ] -- strong and
to the economy. manufacture something picking up. the housing market is picking up. now, it's a deliberate wedged repeal that. >> 750,000 families without a paycheck. they are not spending money, creating any demand, putting money into the economy. >> it will actually reduce growth about six %. >> the which you choose on twitter, the hash tag is youchoose. >> that's right. >> or go to your website schakowsky.house.gov. >> all right. we will roll them out over time should we have 2100 fewer food inspections or give. they can't get their arms around because of grover norquist. >> on the gun issue, talking about mental health services 373,000 seriously ill, mentally ill children and adults will lose treatment. should we do that or give special tax breaks to hedge fund managers? i mean these are the kinds of choices that we are literally making right now in this country. >> one of the tax breaks is owners of corporate jets. i don't know how much money that is >> absolutely. jets and luxury products and yachts and that kind of thing. really? really? should we gi
economy. now evidence they might be tanking our economy. you remember solyndra that cost american taxpayers more than $500 million. turns out it may have a successor. >> steve: months after opening, the oregon based solar panel company, solo power, is facing layoffs, putting 250 million of our taxpayer dollars in jeopardy. apparently stuart varney, we learned nothing from solyndra. >> no, we have learned absolutely nothing. the president is now doubling down again on green energy projects. he still believes the government can pick winners in green energy and he still thinks that maybe we'll get the technology right to get green power in the future. wrong on all counts. we're so far failed with these green energy products. i think we've got a list of all the green energy project which is have really gotten into deep trouble, either bankrupt, laid people off, they've lost a ton of money. it's one after another. it's very, very long list. >> steve: what do you think it was about this particular solo power thing that the government said oh, we got to give them a bunch of dough? >> the
economy. it's to create faster economic growth, to get jobs. you have to reform government to do that. >> well, on the medicare issue which is maybe the most sensitive issue out there, are you saying there are democrats who support your plan, which democrats describe as creating a voucher for medicare recipients? >> it's not a voucher program. it's called premium support and is an idea that originated from the brooking institutions from democrats to begin with. it is an idea i used to work on with alex ridlin. it's exactly just like the idea i worked with ron wyden the senator from oregon last year on. the point is good people from both political parties can lick this problem in the future and come to a solution and that is what we're proposing. our solution by the way, wolf, doesn't affect benefits of anybody in or near retirement but puts reforms of the program so we can make it solvent for the next generation like mine and our kids. we think it is the best idea for saving and strengthening medicare. we think the medicare board that will be put in place because of obama care is goin
buffenbarger sharpening america's edge on the global economy. find more by going to go aiaim.org. good to have you with us and happy to welcome back into the studio this morning one of our good friends from huffington post, keeping his eye particularly on the economy and it plight of working class americans, arguments you are delaney. you are looking good this morning. >> thanks, bill. >> ready to go. >> normally in a tie though. >> i am wearing a tie. why are you wearing a tie? i don't wear a tie. you are wearing a tie. >> i usually wear a tie. >> okay >> bill: not for this radio show no it's a matter -- it's become a matter of principal. authur authur, we are now what? three weeks, is it? >> yeah. >> how bad is it? >> doesn't seem bad at all. >> well, when it first started, that first day, all of the news cameras were at the airport. whoa there was no delay here for obama. now, people are getting laid off. for them, it sucks. for everybody else potentially, it's going to start to sink in. >> is it? do you see signs of it now? for example, i saw the ot
over the past three years over an economy that's produced over 6.3 million private sector jobs and we have more work to do. and this president's number one priority is growth and job creation. >> what a bunch of-- there's 20 million more americans on food stamps, number one. and number two, we have one in six americans in poverty. what would dr. carson do if he was president. would you cut back? >> well, i would certainly cut back, but the pay i would cut is evenly, but i would give the managers of each department discretion because they know where the fat is. they're not going to cut the muscle, they're going to cut the fat. it seems like what the president is doing is trying to cut in the places where it hurts the most in order to prove a point and i -- if ever the mainstream media reaches a point where they recognize that if we destroy this nation and destroy the economy, they, too, will be destroyed, i think at that point they will start asking the tough questions and helping to move the population in the right direction. >> sean: don't hold your breath, dr. carson. i declared in
with best-in-class fuel economy. guts. glory. ram. motor trend's 2013 truck of the year. because all these whole grains aren't healthy unless you actually eat them ♪ multigrain cheerios. also available in delicious peanut butter. healthy never tasted so sweet. glass on floors. daily chores. for the little mishaps you feel use neosporin to help you heal. it kills germs so you heal four days faster. neosporin. use with band-aid brand bandages. >>> lbgt americans are our soldiers, our friends, our loved ones. they are full and equal citizens, deserve the rights of citizenship. that includes marriage. that's why i support marriage for lesbian and gay couples. i support it personally and as a matter of policy and law. >> what may be hillary clinton's first policy announcement of the next presidential campaign came 11 days after bill clinton who signed the defense of marriage act into law wrote an op-ed piece saying he believes that doma is, quote, incompatible with our constitution. the white house welcomed hillary clinton to the majority side of marriage equality today. >> i can tell y
this country's foreign policy, the direction of its economy, and the security of it is citizens. the president is in israel, where he delivered a major speech calling again for a two-state solution in the middle east. in congress, house republicans successfully parsed paul ryan's third budget blueprint, likely to never become law. >>> but we begin with a moment of deep frustration this week. after an assault weapons ban was dropped from senate legislation, while two top gun reform advocates continue to push for reform. in new york earlier today, vice president joe biden and new york city mayor michael bloomberg held a press conference with families of the sandy hook elementary school massacre. delivering a unified message to congress -- get some guts. >> it's time for the political establishment to show the courage your daughter showed. >> quite honestly, i'm really ashamed to see that congress doesn't have the guts to stand up and make a change and put a ban on these types of weapons and universal background checks. >> congress just has to get some courage and it's up to us as americans and a
to eat and consume. they help the economy and take jobs from no one. you can share your tweets tith us. -- with us. focusingrom reuters, u.s. immigration detention cost. there was much controversy recently about federal officials releasing hundreds of immigrants from detention centers, ahead of the looming budget cuts. the real issue should be the u.s. taxpayer foot as the bill to retain more than 30,000 people every day. not a group of immigrants to pose little threat to public safety were transferred out of federal facilities last week. and he says that should not be the focus. instead the fact that they're being detained should be. she writes whenever the circumstances surrounding the move, the result is barter -- smarter enforcement that could save the government hundreds of thousands based on data from the president's most recent budget request. at some of the numbers here. in the meantime, we will take this call. gabriel, tampa, florida. democrat line. good morning. yes.er: host: what are your thoughts about not as violent illegal immigrants? [inaudible] host: is that adequate? d
, or resourced-based economy, you are always at the effect of the limitations on that resource. there is no way around it, you are going to run out of it. and if you go we have 100 years of natural gas. look if it is causing earthquakes to get it out of the ground now, what about the crap gas, if there was an easy flow -- spigot that you stick it in the ground, we would be using that natural gas. we're not. the natural gas boom going on now, involves pumping huge amounts of water in the ground -- >> you are talking about frac-ing. >> hal: yes, and directly causing earth quicks in areas of the country they are not used to. here we are. we arel -- ohio has never done that. in john boehner's direct unfortunately anybody who voted for him the last ten times around you are not thinking about the future you are totally just -- you have hung up on that notion because just outside of his district in lima ohio, there is a factory that is making abrams tanks, and he snuck in $180 million for upgrades to this tank, which is being phased out. it's a cold war relic and they are tryin
and they face an economic depression. there are some forecasts that cyprus will lose 20% of its economy. that is a depression. so those two are losers. the russian mob and the peel of cyprus. the winner here so far looks to be germany's angela merkel. she has forced the cypriots to pay up as a price for staying in the euro. they won a major victory getting that money out of cyprus and beating back the russians. there you have it. heather: so you said the russians basically lose their shirts over this. do you think they will take this lying down? what can they do? >> no, they're not. what they can do is up in the air but remember russia supplies a lot of energy to western europe in the form of natural gas. this fall it is possible, purely speculative it is possible some of those energy supplies will be squeezed. russian mob does not losing billions of dollars. vladmir putin, good friend with some of the oligarches, he is not happy. heather: we're here in the good ol' u.s. of a, so any impact on us here? >> yes. minor leagues but we're breathing a sigh of relief. when the stock market ope
the retail economy. that is false there? >> well, there are a couple of things false there. first of all there is no payroll tax hike. what happened on january first was that the payroll tax rate was restored to what it was two or three years ago. let's not forget what we're bound to forget at one point or another that we reduced the payroll tax on employees by 2 percentage points as a way of producing relief in these economic hard times for americans. so it was really an economic relief program not a cut in social security tax. and i think what is it really at work here is that critics of social security are the enemies of social security want to paint the program as though it's too expensive for america to sustain. that's really--that is really a lie because in fact social security benefits in this country are far--they're paul trypaltrycompared to what other countries have. >> cenk: that leads to lie number two entitlement benefits for millionaires and billionaires is a huge problem. >> the underlying motive of this lie is to turn social security and medicare into mean sets of program
economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ glass on floors. daily chores. for the little mishaps you feel use neosporin to help you heal. it kills germs so you heal four days faster. neosporin. use with band-aid brand bandages. >>> we've all seen the headlines. assault weapons ban dead. you've seen those, right? well, it's time to rewrite those headlines to assault weapons ban not dead. that's right. not dead. judging by my twitter feed, many of you are very angry at harry reid tonight for killing the assault weapons ban in the package of legisla
understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> i love those hockey moms. they say the difference between a hockey mom and a pit bull, lipstick. >> unfortunately for sarah palin, a presidential campaign is not a joke telling contest. she was by far, and i mean by far, the best comedian of the 2008 presidential campaign, ad lib and political comedy. thanks to that joke and others, was judged by many in the media to be a smashing success. sarah palin presented the american political media with an intelligence test that far too many of them failed, a political intelligence test. sarah palin has been complaining about the mainstream media for years because many of us have been critical of her and some of us highly critical, but she never thanked the members of the lamer stream media that spent some of the last years
. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. and now hot pink toes. seems tough for a tough dog like duke. but when it has anything to do with gwen, he's putty in her hands. for a love this strong, duke's family only feeds him iams. compared to other leading brands, it has 50% more animal protein... ...to help keep his body as strong as a love that can endure anything...
of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. that nasty odor coming from your washer. say farewell to the smell with tide washing machine cleaner. it goes straight to the source of the stink to lift odor-causing residues off your washer's drum. tide washing machine cleaner. >>> we have the interview coming up and among the more disturbing gun crimes in our country recently was the murder of colorado's head of department of corrections. he was shot in cold blood when he answered his front door tuesday night. at the moment, no known motive for this killing but the political backdrop in colorado and crime story coincidental to the murder have made this both a fascinating and important story right now. we have new details ahead. stay with us. when did you know that grandma was the one? when her sister dumped me. grandpa was my dad a good athl
] >> obamacare is hurting hispanics, african-americans, single moms and the economy. it should be repealed. yesterday, 70 members voted to remove the tax on medical device providers. i happily voted for that, and i would point out that it is a wealthy industry that can afford to hire lobbyists. we should not be are sponsored not just a corporate lobbyists, but to the people, the small businesses that are being hurt by obamacare, to the workers that are being hurt. we should be responsive to the american people, and for that reason, to repealve fund obamacare. host: the senator speaking on the floor of the senate yesterday regarding an mm it to repeal -- an amendment to repeal the affordable care act. steve is calling us from indianapolis, democrat line. good morning. , there is so much waste in healthcare today. with the affordable health care act, i think that is one thing that is targeting is waste. one of my family's biggest expenses healthcare, and that is with insurance through my employer. thatis my biggest expense we have in our budget, so i think if they can target ways are you hav
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